PN17 Bintai fixes placement share price


PETALING JAYA: Cash-strapped Bintai Kinden Corp Bhd will be placing out new shares at 5.88 sen per placement share.Bintai, which is also a Practice Note 17 (PN17) company, announced the price-fixing yesterday.

This was ahead of the private placement exercise which the mechanical and electrical engineering services provider said is necessary to ensure “continuity of business”.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit closes lower against greenback
PETRONAS Chemicals to prioritise domestic demand
JAG Capital sells 30% stake for RM44.3mil
Police unfreeze Mayu Global’s bank accounts
Proton catching up in market share race
Willowglen bags RM12mil Singapore deal
KUB disposes of entire stake in GRP Holdings for RM13mil
‘Reform, recalibrate response to global changes’
CapitaLand sees better earnings in first quarter
SupportLine

Others Also Read